New Residential Investment Corp. (NRZ): Is this the Most Sought-After Stock Today?

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New Residential Investment Corp. kicked off the trading day on 10/09/19 with a price increase of 1.15%, equivalent to $0.17 relative change for the day. Taking a more long-term approach, NRZ had a 52-week range of $13.63 to $18.11. At the time of this article’s publishing, this stock is trading at $14.98 after starting the trading session at $14.88. At the time of writing, this stock’s 50-day Moving Average stands at $14.79, while the 200-day Moving Average of this stock is currently $15.83.

Currently, this company’s share volume is sitting at $2220131, but has maintained average daily volume of $3.58M. This stock has generated an average Year to Date volume of $3.82 million, alongside an average 20-day volume of $3.63 million. This publicly-traded company’s shares outstanding now amounts to $415.46 million, simultaneously with a float of $413.89 million. The organization now has a market capitalization sitting at $6.22 billion.

New Residential Investment Corp.(NRZ) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. New Residential Investment Corp.’s current insider ownership accounts for 0.40%, in contrast to 54.90% institutional ownership. According to the most recent latest insider trade that took place on May 31 this organization’s Chairman, CEO & President exercised an option 400,000 at the rate of 13.29, making the entire transaction hit 5,316,000 in total value, affecting insider ownership by 1,395,352. Preceding that transaction, on May 14 Company’s Director bought 1,800 at a price of 16.65, making the whole transaction’s value amount to 29,974. This particular insider is now the holder of 2,500 in total.

If we take a glance at the Ownership summary of New Residential Investment Corp.’s stock, Institutional holders make up 54.90% of its total stock ownership. All together, they are the legal holders of 415.46M shares. If we focus on the top 3 stockholders for this publicly-traded organization, The Vanguard Group, Inc. owns 37,706,505 shares, with BlackRock Fund Advisors in 2nd place owning 24,336,384 shares and Nan Shan Life Insurance Co., Ltd. in third place with total ownership of 20,820,519 shares.

New Residential Investment Corp. (NRZ) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported $0.53 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.54) by -$0.01.

This company achieved a net margin of 35.8 while generating a return on equity of 4.82. New Residential Investment Corp.’s full-quarter revenue decreased by -3.89%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.55 per share during the current fiscal year.

New Residential Investment Corp.’s EPS decrease for this current 12-month fiscal period is -9.70%, and is forecasted to reach 2.23 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will decrease by -1.07% through the next 5 years, which can be compared against the 6.30% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

The company has managed to achieve an average true range (ATR) of 0.26. Alongside those, its PE Ratio stands at $17.83, and its Beta score is 1.07.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.22 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 0.93, whereas its price to cash per share for the last quarter landed at 0.98.

In the same vein, NRZ’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 0.84, a figure that is expected to reach 0.53 in the next reported quarter, and analysts expect it will be 2.23 at the market close of one year from today’s date.